Equity
€130,906 ▲ 0.3%
QS Invest has made a profit in every financial year since 2022.
QS Invest
Lifetime
4 annual accounts with figures on one time axisGross marginpeak €61,650 (2022)
€15,269▼ 31.3%
Resultpeak €39,956 (2022)
€406▼ 96.0%
Equitypeak €130,906 (2025)
€130,906▲ 0.3%
Debts
€148,530▼ 16.9%
Board4 names since 2016
2 directorsCommV BUTI CONSULT and 1 other
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €22,224 to €15,269Result from €10,164 to €406Appointment: GUTI CONSULT (director) 29-09Debts from €178,722 to €148,530Cash from €61,520 to €25,294
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Subsidiaries
-€92,056
Subsidiary with negative equity. QS Supplements · loss of €69,411 in 2025.
Checked score
80
Excellent
Financially stronger than 40% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025lowest value
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
2 establishment units
lowers risk
Figures for financial year 2025 (filed on 24-06-2026)
Equity €130,906 (46.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 61% of them on solvency, 32% on liquidity, 27% on profitability and 40% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as QS Invest has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of QS Invest itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for QS Invest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (1.43 in 2024), above the usual 1.5. Short-term debt is 52.4% and cash 9.1% of total assets. However, 53.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
37 days early
2024
64 days early
2023
30 days early
2022
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 48 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
CB
CommV BUTI CONSULT
Director, Istvan Blanckaert, since 01-05-2023
GC
GUTI CONSULT
Director, Gauthier Lauwers, since 01-02-2025
Shares in 1 company, QS Supplements
Board & ownershipRecent changes
Appointment: GUTI CONSULT (director)
Permanent representative: Gauthier Lauwers · General meeting of 18-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0665590838
New director
CommV BUTI CONSULT appointed, Istvan Blanckaert resigned · Permanent representative: Istvan Blanckaert · Director discharge: Istvan Blanckaert · General meeting of 25-05-2023 · Gazette deed
Company renamed from QualiSale to QS Invest
Change of role: BLANCKAERT István Jozef Christine, from manager to director · Resignation: Lauwers Gauthier (manager) · Legal-form conversion: from general partnership to private limited company · General meeting of 09-08-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| QS Invest Nazareth-De Pinte | €279,436 | €15,269 | 46.8% | - |
| MD MEDIC Ghent | €369,386 | €24,935 | 79.4% | - |
| ZorgVrij Ravels | €253,142 | €18,847 | 34.4% | - |
| NMH CONCEPT Braine-l'Alleud | €315,558 | €25,697 | 62.2% | - |
| Medi-Rent Zele | €156,724 | €19,099 | 82.2% | - |
| SOL SCIENTIFICS Ghent | €426,554 | €21,761 | -8.8% | - |
| MEDISOINS & MEDIZORG METTEWIE Molenbeek-Saint-Jean | €146,912 | €14,368 | -94.8% | - |
These companies have the same main activity as QS Invest: retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741). They are comparable in size and age: total assets between €147,000 and €427,000, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 17-10-2016Normal situation
- Activity
- Retail sale of medical and orthopaedic goods, excluding prescription glasses and lensesNACE 47741and 2 others
- Establishment units
- 2.258.177.1239840 Nazareth-De Pinte, since 17-10-2016
- 2.324.741.5902000 Antwerp, since 30-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-03-2025
Annual accounts 2025
- Total assets
- €279,436▼ 9.6%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on QS Invest
QS Invest files the micro format. That format states no turnover. The gross margin fell from €61,650 in 2022 to €15,269 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about QS Invest
- What is the company number of QS Invest?
- The company number of QS Invest is 0665.590.838. The VAT number is the same number with BE in front: BE 0665.590.838.
- Where is QS Invest based?
- The registered office is at Florastraat 63, 9840 Nazareth-De Pinte.Company details
- What does QS Invest do?
- According to the KBO register, the main activity is retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses (NACE 47741).
- What is the legal form of QS Invest?
- QS Invest is a private limited company (BV).
- When was QS Invest founded?
- QS Invest was founded on 17-10-2016.
- Is QS Invest still active?
- Yes, QS Invest is an active enterprise in the KBO register.
- What is the turnover of QS Invest?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €15,269 and 118 comparable companies (NACE 477). It probably lies between €58,000 and €340,000. It is a rough estimate.Financials
- Is QS Invest profitable?
- In financial year 2025, QS Invest made a profit of €406.
- Where can I find the annual accounts of QS Invest?
- QS Invest filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of QS Invest due?
- QS Invest must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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